Sarawak premier Abang Johari Openg said Asean’s digital trade market was rapidly expanding, and the state was seizing opportunities in this area to position itself as a key player.
He said the state government hoped to expand the digital economy’s contribution to Sarawak’s GDP to about RM56.4 billion, or 20% of its economic output, The Borneo Post reported.
“With the introduction of cross-border digital payment systems and blockchain-enabled trade solutions, we are making it easier for businesses to expand into new markets.
“Our government has introduced tax incentives for tech startups, funding schemes for digital innovation, and public-private partnerships to drive Industry 4.0 adoption.
“Whether in artificial intelligence, fintech, or smart manufacturing, Sarawak is building a digital economy that will power Asean’s future,” he was quoted as saying.
Separately, Abang Johari said Sarawak was exploring the possibility of establishing an aerospace industrial park to position the state as a hub for aerospace research and production of high-value components.
He said this industrial park would attract manufacturing investments, especially with the aerospace sector “taking off” in Asean, Bernama reported.
“Sarawak is ready to be a key hub in this high-growth industry, capitalising on its strategic location and commitment to high-tech innovation.
“Our plans to develop an aerospace manufacturing and maintenance ecosystem are attracting investments in high-value aerospace components, aircraft maintenance, and research in sustainable aviation fuels,” he said.
He said the setting up of an aerospace academy at the Centre for Technology Excellence Sarawak would prepare its workforce for fields like aerospace engineering, drone technology and satellite manufacturing and meet future demand in these areas.
Abang Johari said the upcoming launch of Sarawak-owned AirBorneo would also “revolutionise” air connectivity in Asean.
“As a Sarawak-based airline, AirBorneo will strengthen regional routes, expand international accessibility and foster new opportunities in tourism, trade and logistics.
“Sarawak is no longer just part of the Asean airspace – we are shaping it,” he added.